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William will hold the bond until it matures what rate of

William purchased a $1,000 par value bond with a 12 percent coupon rate and 9 percent yield to maturity. William will hold the bond until it matures. What rate of return will William earn on this investment?

10.5%

12.0%

9.0%

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Finance Basics: William will hold the bond until it matures what rate of

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